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Hospitality

Ruptub Solutions, which owns and operates budget hotel chain Treebo Hotels, is planning to enter homestay business as it seeks to tap the nascent but fast-expanding non-hotel accommodation, a popular option among new-generation travellers. Bengaluru-based company will initiate a pilot for the same by the end of this year, said Siddharth Gupta, co-founder of Treebo. […]

In a country where building a new hotel could take over four years, a flag change cuts the gestation period to a few months. British hospitality firm Intercontinental Hotels Group (IHG) has fast-tracked its growth plans in India by making the single biggest flag change (rebranding a hotel taken over from a rival brand) in […]

Sarovar Hotels Pvt Ltd has on announced the signing of its latest project, Yeha Hotel in Axum, Ethiopia, to expand its overseas portfolio. The group already has properties in Ethiopia, Kenya, Tanzania and Zambia. In 1st phase, Yeha Hotel will be launched with 78 keys in October 2019, with a plan to expand it to […]

Investment is the third in hospitality by Piramal, will allow Samhi Group, which owns 29 properties, to support growth plans and refinance existing lenders across 3 assets. Piramal Capital & Housing Finance, a unit of Piramal Enterprises, said on Monday that it will invest Rs 6.5 billion in Gurugram-based hotel operator Samhi Group. Samhi Group […]

ITC Hotels has added ITC Kohenur in Hyderabad as the twelfth hotel to join its luxury hotel portfolio. Envisaged as a tribute to the traditions and distinct character of its locale, ITC Kohenur is a testament to the multifaceted rich heritage of the region. Located in the heart of IT hub, overlooking the picturesque Durgam […]

India Tourism Development Corporation (ITDC) which currently runs the Ashok Hotel is planning to lease the iconic property after Niti Aayog proposed that the hotel, located in the heart of Lutyens’ Delhi, be auctioned through a transparent bidding process. NITI Aayog has proposed a 60-year long-term lease for Delhi’s first five-star hotel to give private […]

Currently present in 18 cities, including Delhi, Bengaluru and Mumbai, the company is looking to add properties in non-metros, such as Visakhapatnam, Surat, Vadodara and Agra. Betting big on the Tier-II market in India, USA-based hotel chain Hyatt Hotels Corporation is looking to add 22 more properties to its existing 29 hotels, taking the total […]

Hospitality chain Leisure Hotels Group is looking to invest around Rs 100 crore to add 8 properties by the end of 2020 and come up with 7 more hotels that will be managed by the company but funded by asset owners,. Group currently operates 26 boutique properties with around 700 rooms across the country. Company […]

To address the quality issues related to service delivery by vendors, Cleartrip is building in-house technology capabilities that would help it organise and manage multiple layers of experiences. With air and hotel booking becoming a highly fragmented and commoditised business, online travel aggregators are increasingly focusing on growing the allied “activities and experiences” aspect of […]

With the acquisition of Novascotia Boutique Homes, a Chennai-based serviced apartment company in March 2018, Oyo is gearing up for a bigger play in the corporate executive accommodation space. Budget hospitality firm last year entered into the serviced apartment space with its own brand SilverKey. As Oyo integrates Novascotia’s 350 furnished accommodations with SilverKey, the […]